Annual Revenue: $300,000
Minimum Equity Required: $50,000
Location: New Brunswick
Listing ID: 1268
This turnkey pizzeria stayed open during the pandemic and thrived despite COVID-19 restrictions.
They first opened their doors in 1991 and they are all about quality - bringing customers the ultimate comfort food (they have developed their own signature secret recipe). As the business prospered, it now serves five locations throughout New Brunswick: Dieppe, Moncton, Shediac, Memramcook and Bouctouche.
The sale is structured as a Share sale. By completing the NDA and becoming a qualified buyer, we'll be happy to send you a full Offering Memorandum that will answer most, if not all, of your questions.
Annual Revenues and Seller's Discretionary Earnings:
** Seller's Discretionary Earnings (“SDE”) is a calculation of the total financial benefit that a single full time owner-operator would derive from a business on an annual basis. SDE is the pretax and pre-interest profits, before non-cash expenses, owner's benefits, one time investments, and any non-related income or expenses. SDE may require that expenses be adjusted if a new owner (Purchaser) will necessarily need to take on a new expense. SDE is also referred to as Adjusted Cash Flow, Total Owner's Benefit, Seller's Discretionary Cash Flow, or Recast Earnings.
** Our expectations are for a minimum 40% down payment on the final negotiated purchase price. Feel free to run some of your own calculations here: